In a move signaling both continuity and fresh vision, the European Bank for Reconstruction and Development (EBRD) has appointed Milica Delević as its new Secretary General.
Delević, a seasoned insider with over a decade at the institution, will officially assume the role on 1 August, succeeding Kazuhiko Koguchi, who steps down later this year.
Currently Director for Governance, Political Affairs, and Competitiveness, Delević’s ascent reflects her pivotal role in shaping the Bank’s policy landscape since joining in 2013.
From her beginnings as Deputy Secretary General overseeing shareholder relations to her strategic leadership in policy and partnerships since 2016, her trajectory speaks to deep institutional knowledge and diplomatic finesse.
Tasked with promoting EBRD’s mission across member countries and global institutions, Delević will also steer preparations for the Bank’s high-profile Annual Meeting.
With a distinguished background in Serbia’s government, academia, and civil society, her appointment arrives at a time when multilateral development banks face growing scrutiny — and expectations.